The USDCHF pair shows new negative trades to reinforce the expectations of continuing the domination of the bearish trend, waiting to test 0.8500 that represents our next target, and we suggest the continuation of the decline to achieve additional negative targets that reach 0.8430.
The bearish channel organizes the suggested bearish wave, noting that breaching 0.8580 might push the price to start intraday bullish correction that targets testing 0.8700 areas before any new attempt to decline.
The expected trading range for today is between 0.8460 support and 0.8600 resistance.
The expected trend for today: Bearish
Origin: Economies
